The prices in real estate in Archie, in the Missouri region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Archie has increased strongly during the last 6 months. In November, the average price per sq.feet was $159. In the following month the price per sq.feet increased to $168. In the following two months the price per sq.feet has barely changed, going from $163.5 to $169.5 per sq.feet. The price per sq.feet has had a considerable increase of 431 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $166.5 to $717 during March, and April.
Based upon to the price in Archie (cities), these have remained the same in the last 6 months. The average price for November is $314,104. During December the price had a slight fall till $291,159. During the following two months (January, February) the average price fell 89 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.